Teammate Handbook Cover

Estimating Your Retirement Benefit

More Than One Year From Retirement You have two options for generating retirement estimates when you are more than one year from your expected retirement date. The first option is to log in to my|CalPERS at my.calpers.ca.gov , which requires a username and password, to obtain an estimate that incorporates data your employer already reported to CalPERS. You can generate a variety of scenarios and save them in my|CalPERS for future reference. The second option is to use the CalPERS Retirement Estimate Calculator on our website at www.calpers.ca.gov . This online calculator allows you to generate multiple estimates, customizing them to include projections based on: • Career plans • Expected promotions or pay increases • Special compensation • Possible changes to your time base Within One Year of Retirement If you are within one year of your expected retirement date, you may request a CalPERS-generated retirement estimate by completing a Retirement Allowance Estimate Request form and mailing it to the address on the form. You can find this form on our website at www.calpers.ca.gov . A CalPERS-generated retirement estimate uses your most current CalPERS account information, but does not include projections of salary increases, special compensation, or other job-related changes. It allows you to make informed retirement decisions and verify that our records properly reflect or match yours. When you eventually submit your retirement election application, you must specify a retirement option and designate a beneficiary. The CalPERS- generated estimate may display options that are not available with the online Retirement Estimate Calculator. • Any expected formula changes • Alternative retirement dates • Additional service credit The estimate will provide only the Unmodified Allowance. You can print but not save estimates produced using this calculator.

You are limited to two CalPERS-generated estimate requests in a 12-month period and must be within one year of retirement.

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8 8 8 C a l P E R S ( o r 8 8 8 - 2 2 5 - 7 3 7 7 ) www. c a l p e r s . c a . g o v